Luxury Trump Hotel In Toronto Will Drop The President’s Last Name

A high-end hotel and condominium tower in Toronto will no longer bear the Trump brand name.An investment partnership recently acquired the 65-story Canadian tower for $298 million from the developer and the property will no longer be managed by the Trump Organization.JCF Capital ULC and the Trump Organization issued a joint statement announcing the end to the management agreement but said they may work together in the future.The tower was Trump’s first branded hotel in Canada.It opened in 2012 and features 211 hotel rooms and 74 private residences.It is often used for parties during the Toronto International Film Festival.